Land-use systems are characterized by complex interactions between human decision-
makers and their biophysical environment. Mismatches between the scale of human drivers …

This book is organized around a presentation of historical and classic core models that
every serious student or researcher of forest economics must know. These models, along …

In this paper we review recent econometric studies focusing on how nonindustrial private
forest landowners make decisions. We use our synthesis of previous work and a discussion …

Forest disturbance regimes are intensifying in many parts of the globe. In order to mitigate
disturbance impacts a number of management responses have been proposed, yet their …

We present the statistics of articles focusing on optimal forest rotation age or associated with
the Faustmann Formula following David Newman's, 2002 review article. In addition, we …

This article develops a two‐factor real options model of the harvesting decision over infinite
rotations assuming a known stochastic price process and using a rigorous Hamilton‐Jacobi …

The existing forest economic models, rooted in sustained yield timber management systems
and neo-classical economic framework, are subject to many limitations. Social, economic …

This paper compares productivity of native tree species plantations, in monoculture and
mixtures, at La Selva Biological Station in the Caribbean lowlands of Costa Rica. In …

The valuation of forest stands is traditionally based on a profit calculus involving revenue
from wood sales and associated costs. Currently, the role of carbon management in forests …

Adaptation to exogenous change occurs on both intensive and extensive margins. Whether
and how one accounts for human adaptation directly affects estimates of the economic …